£620,552
This estimated value is based upon the latest sale price for the house of £485,000 on 2 Aug 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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10 Springfield Lyons Approach, Springfield, springfield, CM2 5LB
Phone: 01245845260
| Price Paid | Date |
|---|---|
| £485,000 | 2 Aug 2017 |
| £347,500 | 28 Jun 2012 |
| £347,000 | 4 Oct 2007 |
| £224,000 | 30 Sep 2002 |
| £200,000 | 28 Sep 2001 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 700 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in August 2017 the House Price Index for ESSEX was 117.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.949%.Applying this 27.949% change to the original purchase price of £485,000 results in an estimated price of approximately £620,552.
| 2 Aug 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 149.7 | 27.949 % | £485,000 | £135,552 | £620,552 |
The Postcode Pricing Model uses changes in average sales price within the CM1 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 24.486 % | £118,757 | £603,757 |
| 3 Month Average | 10.679 % | £51,792 | £536,792 |
| 6 Month Average | 11.179 % | £54,216 | £539,216 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £556,387 | £543,750 | 2 BURNELL GATE |
| 14 Sep 2023 | £531,721 | £520,000 | 1 BURNELL GATE |
| 23 Feb 2023 | £251,681 | £250,000 | 85 BURNELL GATE |
| 29 Apr 2022 | £513,524 | £495,000 | 42 BURNELL GATE |
| 29 Mar 2022 | £1,242,280 | £1,190,000 | 10 FRANCES GREEN |
This house has a floor area of 65 sq meters or 700 sq feet when measured on 21 Oct 2011. Using an estimated price of £620,553 means this house is valued at £9,529 per sq meter (£885 per sq foot).
The average size of a house on FRANCES GREEN is 220 sq meters (2,374 sq feet).
This house is the smallest in the street with a floor area of 65 sq meters (700 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Frances Green |
| Jun 2024 | Violence and sexual offences | Awaiting court outcome | On or near Frances Green |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Burnell Gate |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnell Gate |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Burnell Gate |